According to Deep Tide TechFlow news on October 21, Bloomberg reported that Zhimin Qian (also known as Zhang Yadi), the main suspect in a money laundering case involving 60,000 bitcoins in London, pleaded not guilty to all money laundering charges in a London court. Qian was arrested in April this year and has been charged with two counts of money laundering by the UK Crown Prosecution Service. Qian is also involved in an illegal fundraising case in Tianjin, China, amounting to 43 billion yuan. Another man, Seng Hok Ling, who was also charged alongside Qian, has similarly pleaded not guilty to a charge of participating in money laundering arrangements knowing or suspecting that the property involved was criminal. The trial is scheduled to begin on September 29, 2025, at Southwark Crown Court in London.